Is Trent Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trent Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Trent Township has remained a Seller's Market.

Key Takeaway

Trent Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Trent Township, NC

How much do homes in Trent Township, NC cost?

Median Sold Price

$237,500

$185/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$29,000(-10.9%)

Key Takeaway

Homes in Trent Township have sold for 10.9% less than they did a month ago.

Summary: The median home sold price in Trent Township was $237,500 in October 2024, down 10.9% from last month, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $268K$237.5K
-11.4%
4 $259.9K-
N/A
5+ --
N/A

Summary: Trent Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pink Hill Township
-5.7%
Trent Township
-10.9%
Deep Run
-10.9%
Neuse Township
-11.7%

Housing Supply in Trent Township, NC

How many homes are available in Trent Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
139-30.8%

Summary: The Trent Township real estate market had 9 homes for sale in October 2024, a 30.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 107
-30.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Trent Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trent Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Trent Township in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Trent Township, NC

How long does it take to sell a home in Trent Township, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
103 Days60 Days-42.0%

Summary: Homes in Trent Township had an average of 60 days on market in Oct 2024, down by 42% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Trent Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Trent Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Trent Township, NC

Nearby Markets to Trent Township, NC

What housing markets are near Trent Township, NC?